Global Investment Watch, published by K&L Gates, covers regulatory developments and market trends affecting global investment funds and financial markets. The blog addresses topics such as regulatory reforms in short selling regimes, fund tokenisation and distributed ledger technology adoption, private credit market oversight and compliance, and updates on alternative investment fund managers directives. It also discusses regulatory changes in digital asset obligations and the evolving landscape of fund management practices across jurisdictions including the UK, Europe, Australia, and the United States. The blog provides insights into compliance requirements, supervisory expectations, and legislative proposals impacting investment funds and asset managers worldwide.
By: Susanna Güven and Mathieu Volckrick
On 21 October 2025, the European Securities and Markets Authority (ESMA) published its draft Regulatory Technical Standards (RTS) on open-ended loan-originating alternative investment funds (AIFs). This marks a key step in the implementation of…
By: Sarah V. Riddell, Cheryl Isaac, and Gustavo De La Cruz Reynozo
On 17 October 2025, the National Futures Association (NFA) announced that it will be eliminating interpretive guidance requiring digital assets-related disclosure obligations for NFA members. The…
By: Gayle Bowen, Shane Geraghty, Mathieu Volckrick, and Dr. Philipp Riedl
In a letter dated 1 October 2025, the European Commission has announced that it will not adopt any non-essential Level 2 acts in respect of AIFMD…
By: Jennifer R. Gonzalez, Jessica D. Cohn, and William F. Cole
On 30 September 2025, the eve of the government shutdown, the Securities and Exchange Commission (SEC) issued an order granting the Texas Stock Exchange LLC’s (TXSE) registration…
By: Keri E. Riemer, Richard F. Kerr, and Win Gustin
On 30 September 2025, the SEC’s Division of Investment Management (Staff) issued a no-action letter confirming that, with respect to the placement and maintenance of crypto assets, it…
By: Jim Bulling, Ben Kneebush and Thais Fernandes
In February this year, ASIC released a discussion paper seeking industry engagement on actionable ideas to enhance the operation of both public and private markets.
On 22 September 2025, ASIC released…
By: Jessica D. Cohn and Yonathan Y. Tewelde
On 25 September 2025, staff from the US Securities and Exchange Commission’s (SEC) Divisions of Examinations, Investment Management, and Trading and Markets hosted a webinar discussing the amendments to Regulation S-P…
